The Lexington Herald-Leader reported on Saturday that the Republican Senator from Kentucky, Rand Paul, has yet to pay off $301,108 in debt accrued during his failed presidential bid, according to his most recent Federal Elections Commission filing, on June 30. Poor Rand only has $2,558 in cash on hand to balance his debts, at present.

Hillary Clinton has a bold plan to ensure the bright future of every hardworking American who has the considerable resources required to start his or her own company: three years of student debt deferrals, for every single startup founder. Wonderful news for our striving technocrat class—they need all the help they can get.

You may be a busy person, but it is important to keep up-to-date on the most current threats to the stability of the global economy, which could plunge us all into poverty and despair. Speaking of that, is China poised for a disaster of hideous proportions?

A new proposed rule that would ever so slightly curb the excesses of the payday loan industry is an exciting thing: the government, which represents us, acting against awful exploitative money vampires. The system works, a little bit!

The good news: the U.S. economy is relatively strong again, with low unemployment and people raring to get out there and spend, spend, spend. The other good news: what goes up just keeps going up!

Hamilton Nolan · 04/22/16 02:25PM

Donald Trump has now reversed his earlier position that he would get rid of America’s $19 trillion debt in eight years. Which is good, because that would have been mathematically impossible. He’s getting more presidential every day.

We know that Donald Trump voters don’t care about this stuff, but we feel compelled to briefly point out the fact that Donald Trump’s big debt reduction plan for our country is complete fiction that will not come true and also he doesn’t know what he’s talking about.

There are millions of onetime college students in America who owe huge sums of money for student loans that bought them an education that turned out to have little market value. Now, there may be a ray of hope for their financial future.

In September, an Alabama judge was recorded giving a mandate to the offenders assembled before him, all of whom owed money for fees stemming from their crimes. They could pay up, they could go to jail, or they could give a pint of their blood.

Grad school—which is just like college, except you have to do more work and less drugs—is very expensive, for some reason. Grad school debt has long been a worryingly large portion of all student debt. And the problem is not going away.

Hudson Hongo · 08/11/15 10:15PM

After 23 hours of talks, Greece and its international creditors reached a tentative agreement for an 85 billion euro bailout on Tuesday, Reuters reports. “There remains work to be done with details,” cautioned Finland’s Finance Minister. “We must take one step at a time. Agreement is a big word.”

After all of the boisterous noise about rejecting austerity, Greece has finally agreed to the outlines of a bailout to address its debt crisis: more austerity. Its future is grim(mer). At times like this, it is useful to ask which side has the morality, and which has only the hazards.

Now that Greece’s citizens have overwhelmingly rejected the idea of continued financial austerity, the rest of Europe—particularly Germany—must decide whether to continue to hound the broke-ass Greeks to repay their debts. And Germany’s own moral superiority is far murkier than Germans might think.

On Tuesday night, Greece missed the deadline for a $1.8 billion debt payment to the International Monetary Fund, becoming the first developed country to do so and joining a club of delinquent borrowers that includes the nations of Sudan, Somalia and Zimbabwe, the Associated Press reports.